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    Exam 10: Interest
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    What Is the Exact Simple Interest on a 150-Day Loan
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What Is the Exact Simple Interest on a 150-Day Loan

Question 37

Question 37

Multiple Choice

What is the exact simple interest on a 150-day loan of $2,350 at 10%?


A) $96.58
B) $58.67
C) $28.20
D) $9.66

Correct Answer:

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